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World· Energy

Oil Prices Climb After U.S. Strikes Three Iranian Tankers and Iran Vows Revenge

Oil prices rose modestly in early Asian trading following U.S. military strikes on three Iranian oil tankers over the weekend, an action taken in response to Iranian ballistic missile attacks on American warships. Iranian officials responded with threats of escalated retaliation, while uncertainty persists about actual oil flow through the critical Strait of Hormuz amid conflicting claims from various parties.

about 19 hours ago

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